Kimi traffic increases, bullish on future computing power demand, AI Artificial Intelligence ETF(512930.SH) pullback gaining momentum
DATE:  Mar 22 2024

As of 10:26 on March 22, 2024, the CSI Artificial Intelligence Subject Index (930713) was down 1.39 percent. Components were mixed, with Zhongke Shuguang (603019) leading the rise by 1.99 per cent, Beijing Junzheng (300223) up 1.65 per cent and Sinnet (300383) up 1.51 per cent. AI Artificial Intelligence ETF(512930.SH) is gaining momentum. The latest price is 1.18 yuan. The intraday turnover has reached 25.2356 million yuan, with a turnover rate of 3.88.

over a long period of time, as of March 21, 2024, AI artificial intelligence ETF has risen 3.02 percent in the past week, ranking 1/3 of that of comparable funds.

on the news, on March 21, the dark side of the month of general artificial intelligence (AGI) start-up company announced to developers that from 9: 30 a.m. on March 20, officials observed that Kimi's system traffic continued to increase abnormally, and the trend of traffic increase far exceeded the previous expected planning for resources. This has led to more SaaS customers experiencing abnormal problems from 2024.3.2010:00:00 onwards, and they are deeply sorry for this.

it is understood that Kimi is an intelligent assistant launched by the dark side of the moon (MoonshotAI) in October 2023. its main application scenarios are translation and understanding of professional academic papers, auxiliary analysis of legal issues, rapid understanding of AAPI development documents, etc. it is the world's first intelligent assistant product that supports the input of 200000 Chinese characters. currently, 2 million-character non-destructive context internal testing has been started.

Galaxy Securities Research Report believes that the general trend of computing power improvement has spawned the demand for core new materials in the AI chip and optical module industry chain: under the background of the domestic economy entering a new cycle, computing power improvement is an inevitable requirement for the development of digital economy and artificial intelligence, and also has a significant pulling effect on the growth of a country's economy. Since 2023, governments at all levels of the country have promoted the construction of computing power systems from top to bottom, overlaying the demand for computing power driven by the progress of the artificial intelligence industry, and the construction of computing power has become the key to promoting the high-quality development of the digital economy and artificial intelligence.

AI artificial intelligence ETF(512930.SH) closely tracks the CSI artificial intelligence theme index. the CSI artificial intelligence theme index selects 50 securities of listed companies whose businesses involve providing basic resources, technologies and application support for artificial intelligence as index samples to reflect the overall performance of securities of listed companies with artificial intelligence theme.

data show that as of February 29, 2024, the top 10 heavyweights in China securities artificial intelligence theme index (930713) are haikangweishi (002415), zhongji xuchuang (300308), hkust xunfei (002230), weir (603501), jinshan office (688111), zhongke shuguang (603019), purple light (000938), lanqi technology (688008), xinyisheng (300502) and wave information (000977), the top ten weighted stocks together accounted for 50.47 per cent.

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